The Pennsylvania License of Property for Advertising by use of a Wall of a Building is a legal document that grants individuals or businesses the authority to display advertisements on the exterior walls of a building. This license is necessary in order to ensure compliance with local regulations and maintain orderly aesthetic standards in public spaces. Keywords: — Pennsylvania: This license pertains specifically to the state of Pennsylvania, indicating that it is applicable only within the jurisdiction of the state. — License: This refers to an official permit or authorization granted by a relevant authority, allowing individuals or businesses to engage in a specific activity. — Property: Refers to the building or structure on which the advertising will be displayed. — Advertising: The act of promoting a product, service, or idea through visual or textual means with the intention of attracting attention and generating interest. — Wall: The vertical surface of a building that provides an ideal space for displaying advertisements. — Building: A structure typically enclosed within walls and a roof used for various purposes, such as residential, commercial, or industrial. — Use: The act of employing or utilizing something, in this case, the wall of a building, for the purpose of advertisement. — Property for Advertising: Refers to the specific use of the property, particularly its external wall, for advertising purposes. Different types of Pennsylvania License of Property for Advertising by use of a Wall of a Building: 1. Commercial License: This type of license is issued to businesses or corporations that wish to display advertisements on the walls of their commercial buildings. 2. Residential License: This type of license is granted to individuals or homeowners who want to display advertisements on the walls of their residential properties, commonly used if the property is situated in a high-visibility area. 3. Municipal License: This license applies to government-owned buildings or properties, allowing them to display advertisements on their walls, usually done to generate revenue for the municipality. 4. Non-profit License: This type of license is specifically designed for organizations or non-profit entities, allowing them to use walls of buildings they occupy to advertise their cause or events. 5. Temporary License: This type of license is granted for a limited period, typically used for short-term campaigns, events, or promotions.
Pennsylvania License of Property for Advertising by use of a Wall of a Building
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The purpose of the consumer notice is to advise the consumer that the broker (or salesperson) is not representing the consumer in the transaction.
A signed acknowledgement of receipt of the notice (RE 867A) should be retained by the broker for three years.
The answer is the Real Estate Recovery Fund. The Pennsylvania law requires that the Consumer Notice provide information about the Real Estate Recovery Fund and provide the reference in the law for complete details. What is a transaction licensee obligated to disclose?
Terms in this set (87) What are the license requirements for all real estate licenses? 21+ years, complete 60 hours of education, have 3 years' experience as a licensed salesperson, pass an exam withing 3 years prior to application date, and a recommendation from a currently licensed real estate broker.
About the Consumer Notice The Consumer Notice enables consumers of real estate services to make informed decisions about the business relationships they may have with real estate brokers and real estate licensees.
Which of the following documents does a Pennsylvania broker need to retain for three years? Most transaction documents and contracts must be retained for three years. Consumer Notices and sub-agent and transaction licensee agreements only need to be retained for six months.
What does Pennsylvania law dictate related to a dual agency situation? Dual agents can't take any action that would be to the detriment of either party's interest in the transaction.
A consumer notice is any notice that relates to rights or obligations between a trader and consumer or where the trader is seeking to restrict their liability. CRA 2015 states that a notice will include an announcement, whether verbal or in writing, and any other communication or purported communication.
Licensees are permitted to advertise as a team provided the following criteria are met: 1. The team name is either the licensed or Commission-registered nickname of a licensee on the team. The team name may not be a fictitious name.
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